Thanks to the Dodgers, yesterday was by far the busiest day of the Winter Meetings. They made four trades and also agreed to a four-year contract with Brandon McCarthy, so he is no longer a pitching option for the Yankees. There are still plenty of quality pitchers left on the free agent market but they’re starting to come off the board pretty quickly, so the Bombers can’t sit around and wait much longer to act.

The Winter Meetings have been relatively quiet for the Yankees. On Monday, Tuesday, and Wednesday we learned they continue to say they won’t bid for Max Scherzer, will give Chase Headley four years in exchange for a lower annual salary, have talked to a few teams (Braves, Royals, Marlins) about bullpen help, and have some level of interest in Stephen Drew, Sergio Romo, Jason Grilli, and Rafael Soriano. Today’s the last day of the Winter Meetings and we’ll keep track of all the day’s Yankees-related rumors right here, so make sure you check back throughout the day. All timestamps are ET.

4:33pm: The Yankees did contact the Diamondbacks about Wade Miley and the Tigers about Rick Porcello before they were traded to the Red Sox. “Did I call Arizona? Yes. Did I call Detroit? Yes. I didn’t have Cespedes to send to Detroit. We are waiting for something we are comfortable with.,” said Brian Cashman. [George King]

2:02pm: Ervin Santana is currently finalizing a four-year, $54M deal with the Twins. The contract includes a fifth year vesting option based on innings pitched. Scratch him off the list of available pitchers. [JeffPassan]

1:56pm: It’s unlikely Chase Headley will pick a team today. Earlier this week it was reported he would likely pick a club before the end of the Winter Meetings. So we wait. [Joel Sherman]

1:35pm: “There are still players in the market place who are attractive to us at the position they play,” said assistant GM Billy Eppler in the most generic Yankees quote ever. They’ve mastered the art of saying something and nothing at the same time. [Brendan Kuty]

1:06pm: Brian Cashman confirmed the Yankees never did make an offer to Brandon McCarthy. “I figured the market would take him at a level that we couldn’t play on,” said the GM. [Bryan Hoch]

12:53pm: A team official said the Yankees are “definitely not” chasing Max Scherzer. We’ll see. I will never truly believe the Yankees are out on a big time free agent until the player signs with another team. [Bob Klapisch]

12:23pm: The Yankees are active in the trade market but are unwilling to give up their top prospects for a pitcher they would only control for one year, like Jordan Zimmermann or Johnny Cueto. [Joel Sherman]

9:37am: The Yankees are “kicking the tires” on Ervin Santana. The Twins are pushing hard to sign him and are reportedly offering four years though. Santana is probably the third best available starter right now behind Scherzer and James Shields. [Chris Cotillo & Jon Heyman]

9:30am: Brian Cashman confirmed the Yankees spoke to the Dodgers about Dee Gordon and the Phillies about Jimmy Rollins before they were traded yesterday. Neither conversation went very far. We heard about their interest in Rollins a few weeks ago, but the interest in Gordon is new. [Dan Barbarisi]

The Rule 5 Draft is at 12pm ET today and Cashman said the Yankee are unlikely to make a selection. They have three open 40-man spots but prefer to keep them open for flexibility. Lame. [Chad Jennings]

The non-waiver trade deadline is 4pm ET this Thursday, and between now and then there will be a ton of rumors and speculation. Some actual moves too. The Yankees have already swung trades for Brandon McCarthy and Chase Headley, but Brian Cashman has said he is still seeking another starter and another bat. I don’t know if they’ll get another deal done, but I fully expect plenty of Yankees-related rumors this week, hence a full week of open threads rather than one or two days.

Over the last few days we’ve heard New York connected to John Danks (link) and Ian Kennedy (link). They do not have interest in Matt Kemp (link), however. The Rockies and White Sox are said to be keeping an eye on Francisco Cervelli (link). Obviously young catching is one of the team’s most tradeable assets. We’ll keep track of the day’s Yankees-related rumors right here in this post, so make sure you check back throughout the day. All of the timestamps below are ET.

5:35pm: The Yankees have been connected to outfielder Chris Denorfia, but they are not engaged in talks with the Padres about him. [Sherman]

5:11pm: The Red Sox are getting “hit hard” with inquiries about both Jon Lester and John Lackey, including from other AL East clubs. That doesn’t necessarily mean the Yankees called, but it would make sense if they did. [KenRosenthal]

4:03pm: The Yankees are “in on everything” but they are very reluctant to trade away their best prospects. If true, they won’t be able to make any big upgrades, just smaller, incremental ones. [Joel Sherman]

3:05pm: The White Sox have been scouting New York’s minor league catching depth in recent days, furthering speculation of a Danks trade. The Yankees are also focusing on a right-handed platoon partner for Ichiro Suzuki, which doesn’t really make sense given his splits the last few years. [Jayson Stark]

12:25pm: The Yankees and Cubs have discussed Jake Arrieta, though it would take a huge offer to pry the right-hander away from Chicago. Arrieta is in the middle of a breakout year following some mechanical and pitch selection adjustments. [George Ofman]

11:00am: The Yankees are eyeing Josh Willingham as well as other outfield bats like Alex Rios and Marlon Byrd. They prefer Willingham because he is a pure rental. The Yankees are included in Rios’ six-team no-trade list. Here’s my Scouting The Market post on Willingham. [Jon Heyman & Ken Rosenthal]

Danks remains a target and is among the most likely players to be moved. There is no evidence they’ve talked with the Padres about Kennedy and they aren’t focused on Cliff Lee because his contract ensures he’ll be available in August. The Yankees do not appear to have interest in Wade Miley, Bartolo Colon, or Edwin Jackson. [Heyman]

Just in case you got your hopes up after his appearance at Yankee Stadium yesterday, Troy Tulowitzki is not close to being traded to the Yankees. “I’m with my family. I wanted to see (Derek) Jeter play one more time,” he said. Tulo was in the area seeing a specialist about his hip injury. [Nick Groke]

Despite their recent stretch of poor play (putting it nicely), the Yankees remain in the postseason hunt because every other team stinks too. The AL East is especially bad. The Yankees have lost nine of their last eleven games yet they remain 4.5 games back of the division lead with 79 games to play. They’re five games back of the second wildcard spot. Those deficits are far from insurmountable at this point of the summer, but they will need help to get back into the race and fast.

Because so many teams are within striking distance of a playoff berth, there aren’t many sellers out there this time of the year. One club that has at least acknowledged the likelihood of selling is the Diamondbacks, who come into today with the worst record in baseball at 35-41. “Based on the last couple of years of being a .500 club and this year with the injuries we have and our record, we have to look at being more open-minded of moving some contracts and some veteran players for younger players,” said GM Kevin Towers to Nick Piecoro recently.

Towers spent a year in the Yankees front office and he is reportedly very close friends with Brian Cashman, but that doesn’t necessarily mean it will be easier to make a trade. They’ve gotten together for eleven trades over the years and most are very minor, Bernie Castro for Kevin Reese stuff. Their most recent sweep was Juan Miranda for Scottie Allen in November 2010, their most notable swap probably D’Angelo Jimenez for Jay Witasick in June 2011. Let’s see what pitchers Arizona can offer the Yankees in the coming weeks. Tomorrow Next week we’ll tackle the position players.

(Denis Poroy/Getty)

RHP Brandon McCarthy
The 30-year-old McCarthy is a sabermetrics darling, and you really need to be open-minded to look beyond his 2-10 record and 5.11 ERA. He also owns a 7-21 record with a 4.78 ERA since signing with the D’Backs prior to last year. High school Mike Axisa would have said no way to McCarthy based on that.

Behind the record and ERA are some promising core pitching skills, however. McCarthy has a 3.81 FIP during his two years in the desert and this season it’s a 3.88 FIP with his best strikeout (7.53 K/9 and 19.7 K%) and ground ball (55.6%) rates in years. He also never walks anyone (1.56 BB/9 and 4.1 BB%). During his resurgent “hey this guy is a good pitcher now” years with the Athletics from 2011-12, McCarthy had a 3.22 FIP, a 6.26 K/9 (16.9 K%), a 1.57 BB/9 (4.2 BB%), and a 44.3% ground ball rate.

The biggest difference between Oakland McCarthy and Arizona McCarthy is the long ball — he had a 0.69 HR/9 (7.1 HR/FB%) with the A’s and has a 1.05 HR/9 (14.4 HR/FB%) with the D’Backs. A lot of that is the difference in ballparks. The O.co Coliseum is a tough place to hit homers and Chase Field is not. It’s pretty simple. McCarthy has compensated for the less friendly home park by throwing more sinking fastballs and staying away from his cutter. Here is the breakdown of his arsenal:

Four-Seam

Sinker

Cutter

Curveball

Changeup

Avg. Velocity

95.0

94.1

92.1

82.3

88.6

% Thrown

6.8%

54.5%

10.9%

25.7%

1.4%

Whiff+

334

133

98

94

0

GB+

81

125

103

104

42

The changeup is just a show-me pitch and because McCarthy throws so few four-seam fastballs, I wouldn’t get too excited about that astronomical swing-and-miss rate. (Whiff+ and GB+ are like ERA+, but with swing-and-miss and ground ball rates for individual pitches.) The sinker is clearly his bread-and-butter and it’s an above-average pitch both in terms of getting whiffs and ground balls. Is a guy who relies so heavily on his sinker a good fit for the Yankees’ infield defense?

The biggest concern with McCarthy, by far, is his injury history. He has stayed healthy this season but has otherwise visited the disabled list with a shoulder problem at least once every year from 2007-13. Only once since 2006 has McCarthy thrown more 135 innings in a season (180.2 in in 2011) and this year he is already at 104 innings. Maybe he’ll stay healthy, but, given his history, you have to think a disabled list stint is coming at some point.

McCarthy is owed approximately $5.1M through the end of the season and will become a free agent this winter, so he’s a pure rental. The fact that he limits walks, keeps the ball on the ground, and is familiar with pitching in a hitter’s park are pluses. The below league average strikeout rate (remember, he’s facing pitchers too) and scary injury history are negatives. McCarthy is an upgrade over Vidal Nuno (and Chase Whitley) and would probably come cheaper than Jason Hammel, another mid-rotation guy with injury issues.

Miley. (Denis Poroy/Getty)

LHP Wade Miley
Unlike McCarthy, Miley would not be a rental pickup. The 27-year-old is in his third pre-arbitration year and will remain under team control as an arbitration-eligible player through 2017. Usually rebuilding clubs don’t trade a guy like that, but Buster Olney (subs. req’d) recently mentioned many teams are looking to land Doug Fister types — unheralded but effective pitchers with years of control remaining. (The Tigers stole Fister from the Mariners when he was in his second pre-arbitration year.) Miley may fit that bill.

Through 18 starts and 113.1 innings this season, Miley has a 4.61 ERA (4.13 FIP). He posted a 3.33 ERA (3.15 FIP) during his first full season in 2012 and followed it up with a 3.55 ERA (3.98 FIP) in 2013, so he is trending in the wrong direction. Miley’s strikeout rate (8.42 K/9 and 22.5 K%) is a career best and both his walk (2.70 BB/9 and 7.2 BB%) and ground ball rates (48.0%) are right at his career norms, so the problem has been the homerun. He went from 0.65 HR/9 (6.9 HR/FB%) in 2012 to 0.93 HR/9 (12.5 HR/FB%) in 2013 to 1.35 HR/9 (16.8 HR/FB%) this year. When he misses his spot, it tends to get hit a long way.

Miley has been very durable throughout his career, throwing 190+ innings in each of the last two seasons and at least 150 innings every year since 2010, when he was just a kid in A-ball. He has all but shelved his curveball this year — it was his top secondary pitch during his excellent rookie campaign two years ago — and is now more of a slider guy. Here is his pitch breakdown:

Four-Seam

Sinker

Curveball

Slider

Changeup

Avg. Velocity

91.3

90.9

77.4

84.6

82.6

% Thrown

31.7%

31.9%

1.1%

24.5%

10.6%

Whiff+

64

150

50

123

119

GB+

111

107

103

132

63

The curveball is a non-factor but otherwise Miley uses two fastballs interchangeably and has a well-above-average slider in terms of getting both swings and misses and ground balls. That pitch is why he’s in the big leagues and why left-handed batters have mustered only a 2.88 wOBA against him in his career. Like Fister, there’s nothing flashy about Miley’s pitch mix, no huge fastball or anything like that, but he has four distinct pitches and can make the ball move. Add in his durability and left-handedness and you’ve got a guy who figures to spend a very long time in the league.

The original Fister trade is not the perfect deal to reference because he had one extra year of team control, but it can give us something of an idea of what it would take to land Miley. The Tigers sent four players to Seattle for Fister (and replacement level reliever David Pauley):

Third baseman Francisco Martinez, who was in Double-A at the time and considered the fourth best prospect in Detroit’s system by Baseball America.

Left-hander Charlie Furbush, who had made his MLB debut earlier that season and been ranked as the team’s 26th best prospect in Baseball America.

Right-hander Chance Ruffin, who was Detroit’s supplemental first round pick the previous year. He actually zoomed to the big leagues and made his debut with the Tigers right before the trade.

Platoon outfielder Casper Wells, who had about a year in MLB at the time.

In hindsight, the Tigers gave up very little. Furbush has settled in as quality left-handed reliever but Martinez, Wells, and Ruffin all flamed out. At the time though? Wowza. Detroit traded one of their top prospects, their supplemental first round pick from the year before, plus two cheap and potentially useful MLB pieces. Imagine if the Yankees were to trade, say, Greg Bird, Ian Clarkin, Jose Ramirez, and Zoilo Almonte for someone like Miley. Fans would probably riot. That’s not an unreasonable package though.

Miley’s increasing propensity to give up the long ball is a definite concern, but there is plenty to like here. He’s young, he’s under team control for three more years, he’s never been hurt, he’s left-handed, and he has a true starter’s repertoire. Miley is essentially a finished product — yes, I know every player is always looking to improve, but it’s not like they have to teach him a changeup or something — the Yankees could just plug into the rotation and let him go. Even if you think the Yankees have no business being buyers at the deadline, this is someone they should consider acquiring anyway because he’ll also be able to help in the coming years.

Reed. (Dustin Bradford/Getty)

Miscellaneous Relievers
Every team can use another reliever, including the Yankees. They’ve had to ride Dellin Betances and Adam Warren pretty hard in recent weeks, partly because Shawn Kelley has been shaky as hell since coming off the disabled list. Closer Addison Reed (4.15 ERA And 4.57 FIP) has been amazingly homer prone (2.08 HR/9 and 18.2 HR/FB%), which is not exactly a good quality for a late-inning reliever. Brad Ziegler (2.34 ERA and 3.52 FIP) is a sinker and ground ball machine (67.2%) who needs a good infield defense to be not awful. Both Oliver Perez (.302 wOBA) and Joe Thatcher (.285 wOBA) are serviceable matchup lefties.

Ziegler ($5M) and Perez ($2.5M) are both already under contract for next season while Reed is in his final pre-arbitration year. His arbitration raises figure to be significant because he’ll finish the year with 100+ career saves, significant enough that he might be a non-tender candidate as soon as this winter. Thatcher will be a free agent after the season. Meh. Not really much to see here.

* * *

The rest of Arizona’s pitching staff is pretty unappealing. Bronson Arroyo is currently on the disabled list with an elbow injury and others like Josh Collmenter, Mike Bolsinger, and Chase Anderson barely move the needle. Trevor Cahill was so bad that he’s currently pitching (not particularly well, either) in the minors. If the D’Backs had more good pitchers, they’d be winning more games.

I think McCarthy is a lock to be traded before the deadline for pretty obvious reasons. He makes good money and he’ll be a free agent after the season. That’s exactly the type of player a bad team moves at the deadline. Miley is a different situation though — the D’Backs won’t have any trouble holding onto him if they don’t get an offer they like. The Yankees or any other team would have to pry him loose. Both he and McCarthy make some sense for New York if they’re serious about adding help before the deadline and making a run at a postseason berth.